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$14.500 Acts As Resistance *RES 4:.....>

SILVER TECHS
SILVER TECHS: $14.500 Acts As Resistance
*RES 4: $15.110 - High Apr 26 
*RES 3: $14.922 - 200-dma 
*RES 2: $14.740/737 - Down trendline resistance from Feb 20 high/21-dma 
*RES 1: $14.500 - High May 22
*PRICE: $14.463 @ 03:00 GMT May 23 
*SUP 1: $14.379 - Low May 21 
*SUP 2: $14.346 - Low Dec 6 
*SUP 3: $14.054 - Low Nov 30 
*SUP 4: $13.897 - Low Nov 14 
Bulls attempted to recover the $14.500 level yesterday but failed keeping the
downside focus intact with bears looking for a close below Tuesday's low at
$14.379 to extend the selloff. Below here would open the Dec 6 low at $14.346
ahead of the Nov 30 low at $14.054. Bulls need to recover the $14.500 level to
allow a run at down trendline resistance from the Feb 20 high which comes in at
$14.740 as well as the 21-dma just above it.

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